Are you an Arsenal fan? Or maybe you prefer Chelsea? Either way, if you're a loyal football devotee, chances are you've been tempted to place a bet on your favorite team. Football's been around for a long time, and it's not going anywhere. If we're being honest, neither is betting. So, allow us to introduce you to online sports betting.
Online Sports Betting in the UK
Having in mind that England was home to the first-ever Football Association (1863), it's not surprising that football's so popular in online betting. UKGC reports show that, from the entire Gross Gaming Yield of £2.0 billion for online sports betting registered between October 2016 and September 2017, football bets equaled almost 40% of the GGY.Recent information by Statista points out that the Gross Gambling Yield of the real event betting market in Great Britain equaled £196.9 million. The online betting market's yield dropped at the beginning of 2020 due to the pandemic, when many sporting events were either pushed back or cancelled. Esports betting, on the other hand, reached a peak, noting that fans had temporarily just shifted their focus until real events were back in the spotlight.
Now that we get the general picture, let's talk about why people in the UK tend to bet on football. Realistically speaking, people will rarely bet on something they don't completely understand. Because of this, you won't find that many people in Europe betting on sports such as baseball. It's no secret that most people living in the UK are hardcore football fans. Since football's something of a religion for us die-hard fans, you can easily find in-depth previews and predictions for matches in different leagues (Premier League, Champions League, and Europa League) on our site.
It's important to remember that not everyone is as football-crazed as people in the UK, and that not everyone has the same opportunity when it comes to placing a bet on their favorite sports team for an upcoming match. In light of this fact, have a look at other countries in terms of football in online sports betting, and the role of online betting sites.
Online Sports Betting in Other Countries
Take India, for example. If we were to talk numbers, major sporting events attract around 370 million Indian betters, and around 140 million Indians bet on a daily basis. A large majority of Indian betters are far more interested in cricket. In fact, about 80% of India's sports betting market is cricket-based.Football and fantasy sports are slowly closing in, as well. The football renaissance took place with the launching of the Indian Super League in 2014. The launch of ISL caused an impressive 137% rise in the game's popularity.
Online Betting Opportunities
It's safe to say that online sports betting is pretty normalized and widespread in the UK, but that's not the case everywhere. Despite its popularity, sports betting is actually largely illegal in India.However, you can still bet through online, international vendors, such as bet365 (which is also quite popular in the UK) or BetWinner. Another great thing about betting sites is that the process is pretty similar for all of them. Register, log into your account, and start betting on your favorite football team.
If we're talking about betting options and patterns, the possibilities are endless. Generally speaking, two of the broadest categories are based on statistics (goals under/over) or results (match-winner, score). There's also the number of cards, offsides, fouls... you name it. Online betting offers the possibility to approach the same game from a variety of different angles. For this reason, online betting will probably stay popular in India, even if and when local regulations become more lenient.
The Future of Online Betting
In the great scheme of things, online betting is probably just another step towards something better. We have technology to thank for that. Due to rapid technological advancement, the world of football has opened up the door to a whole different level of entertainment. Not only do we get to enjoy matches, but we also get to make a profit, and have fun making predictions, too.
